How Many NiSource Inc. (NYSE:NI)’s Analysts Are Bearish?

April 17, 2018 - By Ellis Scott

NiSource Inc. (NYSE:NI) LogoInvestors sentiment increased to 1.46 in Q4 2017. Its up 0.11, from 1.35 in 2017Q3. It improved, as 27 investors sold NiSource Inc. shares while 109 reduced holdings. 48 funds opened positions while 150 raised stakes. 281.01 million shares or 4.47% more from 269.00 million shares in 2017Q3 were reported.
Johnson Fincl Group Inc has 0% invested in NiSource Inc. (NYSE:NI) for 427 shares. Gradient Lc holds 200 shares or 0% of its portfolio. British Columbia – Canada-based British Columbia Investment Mgmt has invested 0.04% in NiSource Inc. (NYSE:NI). Bradley Foster And Sargent Inc Ct owns 215,000 shares for 0.2% of their portfolio. Lpl Ltd Liability Com holds 0% in NiSource Inc. (NYSE:NI) or 16,970 shares. Calamos Advsrs Ltd Llc has 173,414 shares. 83,887 are owned by Putnam Invs Ltd Liability Company. Raymond James And Assocs holds 77,502 shares or 0% of its portfolio. Stevens Capital Management Lp reported 265,667 shares. Sumitomo Mitsui Asset Mgmt Limited holds 24,534 shares or 0.01% of its portfolio. Reilly Finance Limited Liability Company has invested 0% in NiSource Inc. (NYSE:NI). Barclays Public Limited Company has invested 0.01% of its portfolio in NiSource Inc. (NYSE:NI). Korea Investment Corporation accumulated 0.02% or 180,900 shares. Cornerstone Capital Llc invested in 63,322 shares or 0.01% of the stock. Schwab Charles Inv Mgmt Inc invested in 0.03% or 1.57M shares.

NiSource Inc. (NYSE:NI) Ratings Coverage

Among 7 analysts covering Nisource Inc (NYSE:NI), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Nisource Inc had 9 analyst reports since October 18, 2017 according to SRatingsIntel. Bank of America upgraded the shares of NI in report on Friday, March 23 to “Buy” rating. The firm has “Outperform” rating given on Thursday, November 2 by Credit Suisse. JP Morgan maintained the stock with “Neutral” rating in Tuesday, April 10 report. The firm has “Buy” rating given on Wednesday, October 18 by KeyBanc Capital Markets. On Monday, November 20 the stock rating was maintained by Citigroup with “Buy”. The stock of NiSource Inc. (NYSE:NI) has “Neutral” rating given on Thursday, January 25 by JP Morgan. The rating was downgraded by Citigroup on Tuesday, March 27 to “Neutral”. On Wednesday, December 20 the stock rating was maintained by Jefferies with “Hold”. Goldman Sachs upgraded the stock to “Buy” rating in Wednesday, January 10 report. Below is a list of NiSource Inc. (NYSE:NI) latest ratings and price target changes.

10/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $23 New Target: $25 Maintain
27/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $31 Downgrade
23/03/2018 Broker: Bank of America Rating: Buy New Target: $25.0000 Upgrade
25/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $28 New Target: $25 Maintain
10/01/2018 Broker: Goldman Sachs Rating: Buy New Target: $29.0 Upgrade
20/12/2017 Broker: Jefferies Rating: Hold New Target: $26.0 Maintain
20/11/2017 Broker: Citigroup Rating: Buy Old Target: $28 New Target: $31 Maintain
02/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: $29 New Target: $30 Maintain
18/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $29.5 Maintain

The stock increased 0.98% or $0.24 during the last trading session, reaching $24.12. About 735,162 shares traded. NiSource Inc. (NYSE:NI) has declined 0.08% since April 17, 2017 and is downtrending. It has underperformed by 11.63% the S&P500.

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility firm in the United States. The company has market cap of $8.14 billion. The firm operates through two divisions, Gas Distribution Operations and Electric Operations. It has a 61.86 P/E ratio. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services.

NiSource Inc. (NYSE:NI) Institutional Positions Chart

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